Lumber demand likely to exceed supply in 2021/22

July 9, 2021
Category: Today's Takeaway

US lumber demand-growth will likely exceed incremental supply, keeping prices elevated, says Russ Taylor. In related news: most US home building growth occurred in 3-census regions; and lumber’s price drop has yet to ease Idaho’s construction costs. In other Business news: Trudeau and Horgan meet on BC’s wildfires situation; federal NDP leader Singh speaks on forestry; and Smartlam adds two industry veterans to its team.

In other news: a CNN feature on how EU energy policy is driving US pellet exports; what you need to know to be ready for wildfires; making our cities more fire resilient, and changing how towns evacuate in the future.

Finally, wildfire updates from BC, Ontario, Yukon, California and Oregon.

Kelly McCloskey, Tree Frog Editor

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